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The Bubble Index: RAILROADS1871 (52 days

)
1500

[1871−03−06/1937−12−01]
1500

Last 38.6621301544096
Daily_Data :455.742

1000

1000

500

500

0

0

Mar 06
1871

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (104 days)

[1871−05−08/1937−12−01]

Last 196.24495447704
Daily_Data :320.348
1000

1000

800

800

600

600

400

400

200

200

0

0

May 08
1871

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (153 days)

[1871−07−07/1937−12−01]

Last 378.422592265557
Daily_Data :355.892

1000

1000

800

800

600

600

400

400

200

200

0

0

Jul 07
1871

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (256 days)

[1871−11−06/1937−12−01]

Last 371.209571397087
Daily_Data :410.356

1200

1200

1000

1000

800

800

600

600

400

400

200

200

0

0

Nov 06
1871

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (512 days)
800

[1872−09−13/1937−12−01]

Last 5.39313682409844
Daily_Data :245.041

800

600

600

400

400

200

200

0

0

Sep 13
1872

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (1260 days)

[1875−03−06/1937−12−01]

Last 15.2159522818059
Daily_Data :293.108

800

800

600

600

400

400

200

200

0

0

Mar 06
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (1764 days)

[1876−11−04/1937−12−01]

Last 73.5216726156188
Daily_Data :223.381
700

700

600

600

500

500

400

400

300

300

200

200

100

100

0

0

Nov 04
1876

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (2520 days)

[1879−05−08/1937−12−01]

Last 107.538831968333
Daily_Data :140.388

400

400

300

300

200

200

100

100

0

0

May 08
1879

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937

The Bubble Index: RAILROADS1871 (5040 days)

300

[1887−09−10/1937−12−01]

Last 25.6070500051857
Daily_Data :93.835

300

250

250

200

200

150

150

100

100

50

50

0

0

Sep 10
1887

Jan 02
1890

Jan 02
1892

Jan 02
1894

Jan 02
1896

Jan 03
1898

Jan 02
1900

Jan 02
1902

Jan 02
1904

Jan 02
1906

Jan 02
1908

Jan 03
1910

Jan 02
1912

Jan 02
1914

Jan 03
1916

Jan 02
1918

Jan 02
1920

Jan 03
1922

Jan 02
1924

Jan 02
1926

Jan 03
1928

Jan 02
1930

Jan 02
1932

Jan 02
1934

Jan 02
1936

Dec 01
1937

The Bubble Index: RAILROADS1871 (ALL Days)
1500

[1871−01−02/1937−12−01]
1500

Last 455.741671433657
Daily_Data :455.742
52_Days :38.662
104_Days :196.245
153_Days :378.423
256_Days :371.210
512_Days :5.393
1260_Days :15.216
1764_Days :73.522
2520_Days :107.539
5040_Days :25.607

1000

1000

500

500

0

0

Jan 02
1871

Jan 02
1875

Jan 02
1880

Jan 02
1885

Jan 02
1890

Jan 02
1895

Jan 02
1900

Jan 03
1905

Jan 03
1910

Jan 02
1915

Jan 02
1920

Jan 02
1925

Jan 02
1930

Jan 02
1935

Dec 01
1937